Marota Developments, one of the leading real estate development companies, intends to launch a new phase within its distinguished project Mastro in New Administrative Capital, after the high customer turnout.
Walid Shoman, head of commercial sector at Marota Developments, said that the company will offer exclusive and competitive offers on project units at the lowest price per square meter in the promenade and entertainment area during December.
He pointed out that the project witnessed a great customers turnout, added that the company is preparing to launch a new phase in the coming period.
He further noted that Mastro project is a commercial mall is situated in the most distinguished areas of Downtown in the promenade and entertainment area in front of Almasa Hotel and near the Green River, on 5,250 sqm with investments close to EGP 800m.
For his part, Head of the marketing at Marota Developments Mohamed Elsherif stated, “The company is working to develop Mastro project according to the highest international standards, with the aim of providing a high-quality real estate product. This prompted us to contract with a number of major consultants in the Egyptian market to design and carry out the project, most notably Sabbour Consulting Office as an engineering supervisor for the project construction phases. In addition to Raef Fahmy as general consultant who won the award for the best architect in the Middle East, Benaa Consulting Group as construction designer, and Hany Tawfik Consulting Office (HTCO) as electromechanics designer.”
Elsherif added that Marota intends to begin delivering the mall within 3 years.
He elaborated that Mastro project includes the largest food court area 3,000 sqm with the finest restaurants and cafes, as well as a children’s area and recreational activities, central air conditioning covering all parts of the mall, advanced fire extinguishing systems and lighting control systems, a mobile garage and green spaces distributed in a distinctive geometric shape.
Marota Developments is a partnership between Egyptian businessman Tarek Khalil and Syrian businessman Ayman Al-Ghafir.
Tarek Khalil is an Egyptian businessman with a great deal of experience and long practical experience since 2004 in the management of commercial malls and real estate investment in the Egyptian market, as well as his experiences in fields of import and export. Ayman Al-Ghafir is a Syrian businessman and a fan of Egypt. He has many successful experiences in the field of business management in its various sectors in Egypt and Syria.